Vishay Intertechnology Inc., Malvern, Pa., has confirmed that it plans to build a new plant in Beersheba, Israel, to make power MOS devices.
Initially, the company will invest $35 million in the plant, which will employ about 500 people, and be about 50,000-sq.-ft., said Felix Zandman, chief executive and chairman of the electronic components giant.
The new site is in response to strong demand for Siliconix's products, Zandman said. "Our book to bill is very high now -- at 2:1. We don't have enough capacity for these products," he said, noting that it will be at least six months before the new plant is up and running. Vishay is also increasing capacity for these products in China, Zandman said.